Global Crude oil price of Indian Basket was US$ 24.03 per bbl on 20.01.2016

Global Crude oil price of Indian Basket was US$ 24.03 per bbl on
20.01.2016

The international crude oil price of
Indian Basket as computed/published today by Petroleum Planning and Analysis
Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 24.03 per
barrel (bbl) on 20.01.2016. This was lower than the price of US$ 25.31 per bbl
on previous publishing day of 19.01.2016.

In rupee terms, the price of Indian
Basket decreased to Rs 1633.49 per bbl on 20.01.2016 as compared to Rs 1710.29
per bbl on 19.01.2016. Rupee closed weaker at Rs 67.98
per US$ on 20.01.2016 as against Rs 67.56 per US$ on 19.01.2016. The table
below gives details in this regard: